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jueves, 31 de marzo de 2011

EUR/CHF in Close Up


The couple of Currencies EUR/CHF has found a Strong Resistance in the level of 23.6 % of Fibonaci, which corresponds to the price of 1.3025 (yellow line) that I it stop during every March, since it is possible to observe in the attached graph.


While the Euro does not manage to break this Resistance it will continue quoting between the levels of 38.2 % and inclusive 50 % of Fibonaci, which correspond to the values of 1.2908 and 1.2819.

On the other hand, if it manages to conquer this Resistance, his following border to the rise will be the 1.32.